Markets & Infrastructure
Guides, comparisons, and analysis on markets & infrastructure. Current coverage runs to 4 guides, including Crypto Prime Brokerage, Spot Bitcoin Etf Custody and Tokenized RWAs.
Each guide here is written to stand alone, so start with the headline closest to the problem in front of you rather than reading the page top to bottom.
Every page below is compiled from vendor documentation and dated published sources, and names those sources at the foot of the article. Where a spec, a price, or a version number matters, check it against the original — the link is there for exactly that.
- Crypto Prime Brokerage:
- Explore what crypto prime brokerage offers and how it differs from traditional models.
- Spot Bitcoin Etf Custody:
- Learn about spot bitcoin ETF custody, who manages it, and how it works compared to direct ownership.
- Tokenized RWAs:
- Tokenized real-world assets are the part of digital assets that traditional finance actually understands. A tokenized Treasury fund is still a Treasury
- Stablecoin Settlement Infrastructure:
- Stablecoins stopped being a trading-desk convenience sometime in 2024 and became a settlement rail. Payment processors settle merchant invoices in USDC.



